B
Seller's Agent in 2021
Bari Group
Berkshire Hathaway HomeServices
Estimated Value: $4,023,741 - $4,265,000
This unprecedented luxury beach house offers exceptional investment opportunity with gross rental income history-YTD 2021-$388,770+, 2020-$277,645, 2019-$407,309 and 2018-$370,451. This contemporary coastal designed home is perfectly situated in Crystal Beach and provides striking gulf views. Unparalleled amenities include a Watermark built 60,000 gallon private resort style pool, complete with an expansive outdoor living area, sunken swim-up bar with a large flat screen TV, adjoining in-pool spa, concrete picnic table, and outdoor summer kitchen area. This home was perfectly designed to maximize functionality, cascading natural light, and chic contemporary finishes, while affording optimal comfort and living space. The exclusive property boasts of 5,889 square feet across three levels, featuring multiple indoor areas, outdoor living areas, fourth floor rooftop observation deck, private commercial grade elevator, dual master suites with spectacular gulf views, custom built-in bunk beds, eight-zone audio sound system throughout, security camera system, and security-code keypad front entry system. The first floor is laid out with a spacious bunk room, full size laundry area and large bedroom with en suite bath, as well as a game room complete with a custom built boat bar, pool table, built in wet bar, and full size stainless fridge. The second floor is the scenic point of the indoor living space, complete with a voguish contemporary living room featuring pecky cypress ceilings in the living room, floor to ceiling windows providing natural light throughout with captivating gulf views, a built-in entertainment center with floating shelves that is open to the kitchen & dining room, providing an open and functional flow. The kitchen is stunning and features floor-to-ceiling custom cabinetry, Sub-Zero appliances, Wolf professional series gas range, ample storage and is anchored by a massive center island crowned with gorgeous quartz countertops. The second floor also features two full bedrooms with en suite bathrooms, a convenient half bath and access to the second story outdoor dining area that overlooks the resort style pool. The third floor features three full bedrooms, including dual master suites with spacious covered porches, a laundry area, bunk room. This Crystal Beach home has multiple beach access points only steps from the home and is centrally located to Destin's world class fishing, boating, golfing, dining, shopping & entertainment.
Note: Current Vacation Management Company will manage the property for the remainder of 2021 for only 10% management fee & all bookings will transfer to new owner from the day of closing and on including no linen start up, all VRBO / Airbnb & etc., reviews & pictures will remain with the new buyer.
Check out the VRBO link here...
Last Agent to Sell the Property
Bari Group
Berkshire Hathaway HomeServices Listed on: 05/20/2021
Last Buyer's Agent
Jonathan Hill
The Premier Property Group Watercolor Office
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 71 Dolphin Street Llc | $3,500,000 | Attorney | |
| Eml Gandhi Llc | $2,097,700 | Attorney | |
| Galleon Retreat Llc | $2,850,000 | Attorney | |
| Dolphin North Partners Llc | $300,000 | Attorney | |
| Chandler Sidney N | $900,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 71 Dolphin Street Llc | $2,800,000 | |
| Previous Owner | Galleon Retreat Llc | $2,240,000 | |
| Previous Owner | Dolphin North Partners Llc | $150,000 | |
| Previous Owner | Chandler Sidney N | $767,350 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/26/2021 12/26/21 | Off Market | $3,500,000 | -- | -- |
| 09/24/2021 09/24/21 | Sold | $3,500,000 | 0.0% | $594 / Sq Ft |
| 08/08/2021 08/08/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $3,500,000 | -- | $594 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $37,888 | $3,518,048 | $549,791 | $2,968,257 |
| 2023 | $37,888 | $3,418,197 | $513,822 | $2,904,375 |
| 2022 | $32,457 | $2,693,363 | $467,111 | $2,226,252 |
| 2021 | $24,560 | $1,977,734 | $321,300 | $1,656,434 |
| 2020 | $24,068 | $1,923,600 | $306,000 | $1,617,600 |
| 2019 | $24,891 | $1,962,351 | $306,000 | $1,656,351 |
| 2018 | $25,887 | $2,016,028 | $0 | $0 |
| 2017 | $2,177 | $224,400 | $0 | $0 |
| 2016 | $2,049 | $157,742 | $0 | $0 |
| 2015 | $1,957 | $147,734 | $0 | $0 |
| 2014 | -- | $273,079 | $0 | $0 |
B
Seller's Agent in 2021
Bari Group
Berkshire Hathaway HomeServices
J
Buyer's Agent in 2021
Jonathan Hill
The Premier Property Group Watercolor Office
Source: Emerald Coast Association of REALTORS®
MLS Number: 872254
APN: 00-2S-22-0580-0002-0140